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     433  0 Kommentare AIP Realty Trust Issues Units for Debt - Seite 2

    The Trust has filed a material change report following the completion of the Unit Issuance which is less than the mandated 21 days in advance of the expected closing of the Unit Issuance pursuant to MI 61-101. The Trust deems this timing reasonable in the circumstances so that it was able to avail itself of the financing opportunities and complete the Unit Issuance in an expeditious manner.

    Each of the Units issued under the Unit Issuance, will be subject to a four month and one day hold period from the date of issuance. There were no finder’s fees paid in connection with the Unit Issuance.

    About AIP Realty Trust
    AIP Realty Trust is a real estate investment trust with a growing portfolio of AllTrades branded Serviced Industrial Business Suites (“SIBS”) light industrial flex facilities focused on small businesses and the trades and services sectors in the U.S. These properties appeal to a diverse range of small space users, such as contractors, skilled trades, suppliers, repair services, last-mile providers, small businesses and assembly and distribution firms. They typically offer attractive fundamentals including low tenant turnover, stable cash flow and low capex intensity, as well as significant growth opportunities. With an initial focus on the Dallas-Fort Worth market, AIP plans to roll out this innovative property offering nationally. AIP holds the exclusive rights to finance the development of and to purchase all the completed and leased properties built across North America by its development and property management partner, AllTrades Industrial Properties, Inc. For more information, please visit www.aiprealtytrust.com.

    For further information from the Trust, contact:
    Leslie Wulf
    Executive Chairman
    (214) 679-5263
    les.wulf@aiprealtytrust.com

    Or

    Greg Vorwaller
    Chief Executive Officer
    (778) 918-8262
    Greg.vorwaller@aiprealtytrust.com

    Cautionary Statement on Forward-Looking Information
    This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of AIP Realty Trust with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding, receipt of the TSXV approval in respect of the Unit Issuance, the ability to obtain regulatory and unitholder approvals and other factors. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to proposed financing activity, proposed acquisitions, regulatory or government requirements or approvals, the reliability of third-party information and other factors or information. Such statements represent the Trust’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Trust, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward- looking statements. The Trust does not intend, and do not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

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    AIP Realty Trust Issues Units for Debt - Seite 2 VANCOUVER, British Columbia, April 29, 2024 (GLOBE NEWSWIRE) - AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces as part of its preparation to execute its forward plan, that it has completed an issuance of 1,500,000 Class A …